Agenda - 07/28/2022 - Police Pension Fund BoardIn accordance with the provisions of the Americans with Disabilities Act, any individual who is in the need of a reasonable accommodation in
order to participate in or benefit from attendance at a public meeting of the Village of Oak Brook should contact the Butler Government
Center (Village Hall) at (630) 368-5010 or TDD (630) 990-2131, as soon as possible before the meeting date.
VILLAGE OF OAK BROOK
BOARD OF TRUSTEES OF POLICE PENSION FUND
UPPER LEVEL CONFERENCE ROOM
OF THE BUTLER GOVERNMENT CENTER
1200 OAK BROOK ROAD
OAK BROOK, IL 60523
630-368-5000
The Oak Brook Police Pension Fund Board of Trustees will conduct a regular meeting on Thursday, July 28, 2022 at 6:15 p.m. in the
Upper-Level Conference Room at the Butler Government Center located at 1200 Oak Brook Road, Oak Brook, Illinois 60523 for the
purposes set forth in the following agenda:
AGENDA
1. Call to Order
2. Roll Call
3. Public Comment
4. Approval of Meeting Minutes
a.) April 21, 2022 Regular Meeting
b.) Semi-Annual Review of Closed Session Meeting Minutes
5. Accountant’s Report – Lauterbach & Amen, LLP
a.) Monthly Financial Report
b.) Presentation and Approval of Bills
c.) Additional Bills, if any
6. Investment Reports
a.) Taiber Kosmala and Associates, LLC
b.) Fifth Third Investments
c.) Review/Update Investment Policy
7. Communications and Reports
a.) Affidavits of Continued Eligibility
b.) Active Member File Maintenance
8. Applications for Membership/Withdrawals from Fund
9. Applications for Retirement/Disability Benefits
a.) Approve Regular Retirement Benefits – Benjamin Kadolph
10. Old Business
a.) Acknowledge IPOPIF Notice of Transfer Date, Adopt Resolution of Notice and Execute Exhibits
b.) Discussion/Possible Action – Local Account Collateralization
c.) Discussion/Adoption of Cash Management Policy
d.) Discussion/Possible Action – Enterprise Cash Flow Module and My State Street.com Set-Up Access
Form
e.) IPOPIF Status Update and Discussion/Possible Action to be Taken on All IPOPIF Requests Pertaining
to Consolidation
f.) IDOI Annual Statement
g.) Transfer of Creditable Service from IMRF Pursuant to HB-126 – Kurt Kaleciak
11. New Business
a.) Review/Approve – Actuarial Valuation and Tax Levy Request
b.) Review/Adopt – Municipal Compliance Report
c.) Board Officer Elections – President, Vice President, Secretary and Assistant Secretary
d.) FOIA Officer and OMA Designee
e.) Appointed Member Resignation – Hitesh Patel
f.) Discussion/Possible Action – Wire Transfer for John Janik
g.) Discussion/Possible Action – Return of Excess Contributions to Hanover Park/Pearce Portability
h.) Review/Approve – Fiduciary Liability Insurance Renewal
12. Trustee Training Updates
a.) Approval of Trustee Training Registration Fees and Reimbursable Expenses
13. Attorney’s Report – Reimer Dobrovolny & LaBardi PC
a.) Legal Updates
14. Closed Session, if needed
15. Adjournment